California Resources Corp — Director's Dealing 2016

Jun 1, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: California Resources Corp (CRC)
CIK: 0001609253
Period of Report: 2016-05-27

Reporting Person: Weiss Charles F. (EVP - Public Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-27	Common Stock	A	328125	—	Acquired	471547	Direct

Footnotes

F1: On May 31, 2016, CRC conducted a 1 for 10 reverse stock split. Share amounts reported on this Form 4 do not reflect that split.

F2: Grant of Restricted Stock Units (RSU's) pursuant to California Resources Corporation's (CRC) Long-Term Incentive Plan.

F3: The RSUs will vest in three (3) equal annual installments on May 26, 2017, 2018, 2019.

F4: Includes 202 shares distributed on March 24, 2016 as a dividend from Occidental Petroleum Corporation and 4,084 aggregate shares acquired pursuant to CRC's 2014 Employee Stock Purchase Plan on September 30, 2015 and March 31, 2016.